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Leidos completes acquisition of L3Harris Technologies' security detection and automation

Christian Fernsby |
Leidos announced that it has completed the acquisition of L3Harris Technologies' Security Detection and Automation businesses, for approximately $1 billion in cash.

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The transaction was previously announced on Feb. 4, 2020.

The acquired businesses provide airport and critical infrastructure screening products, automated tray return systems and other industrial automation products.

They will operate within the Leidos Civil Group, led by Jim Moos, Civil Group president.

Combined with Leidos' existing cargo and baggage screening product lines, Leidos now goes to market with a global security detection and automation footprint of more than 24,000 systems deployed in more than 120 countries.

Leidos will continue to serve global customers in the aviation, transportation, government and critical infrastructure markets.

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